MAY 9.09% 2.0¢ melbana energy limited

I think the bulk of the flush out of sellers will come through...

  1. 12,934 Posts.
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    I think the bulk of the flush out of sellers will come through today

    -we have a register full of retailers crapping themselves now thinking the whole Block-9 is a duster so FEAR is riding high..-Fact = in the deepest trap= having issues with formation structure and not allow oil to flow freely 3.7km up the line ...

    -Stop-losses going be heaps being triggered

    -EOFY tax loss selling at these present levels very few will be sitting on a Taxable profit many will not even care about prospects pure take the TAX loss and maybe buy back today or at a later date etc

    Last edited by Sharetrader78: 18/06/24
 
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